Asked by
Dawana Thompson
on Nov 10, 2024Verified
Fraud does not exist if the victim of the misrepresentation could have found out the truth, but relied instead on the statement of the defendant.
Fraud
An intentional deception made for personal gain or to damage another individual.
Misrepresentation
A false statement of fact made by one party to another, which, while inducing that party to enter into a contract, leads to its breach.
- Analyze the consequences of misrepresentation in fraud cases on the enforcement of contracts.
Verified Answer
KJ
Learning Objectives
- Analyze the consequences of misrepresentation in fraud cases on the enforcement of contracts.
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